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The following data apply to A. L. Kaiser and Company (thousands of dollars): Cash 150 Marketable Securities 90 Accounts Receivable 375 Inventories 385 Net Fixed

The following data apply to A. L. Kaiser and Company (thousands of dollars):

Cash

150

Marketable Securities

90

Accounts Receivable

375

Inventories

385

Net Fixed Assets

1000

Current Liabilities

310

Sales

3000

Cost of Goods Sold

2500

  1. Find Kaisers (1) current ratio, (2) quick ratio, (3) inventory turnover, (4) average collection period, (5) total asset turnover.
  2. Briefly comment the liquidity and activity performance of the company given the following industry average: current ratio 4.2, quick ratio 2.2, inventory turnover 10.9, average collection period 36 days, and total asset turnover 1.8 (Max 30 words for each ratio).

    The following data apply to A. L. Kaiser and Company (thousands of dollars):

    Cash

    150

    Marketable Securities

    90

    Accounts Receivable

    375

    Inventories

    385

    Net Fixed Assets

    1000

    Current Liabilities

    310

    Sales

    3000

    Cost of Goods Sold

    2500

  3. Find Kaisers (1) current ratio, (2) quick ratio, (3) inventory turnover, (4) average collection period, (5) total asset turnover.
  4. Briefly comment the liquidity and activity performance of the company given the following industry average: current ratio 4.2, quick ratio 2.2, inventory turnover 10.9, average collection period 36 days, and total asset turnover 1.8 (Max 30 words for each ratio).

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